The Spanish banking giant, Santander is to close 44 bank branches and 291 jobs are at risk, this is part of an overhaul as their customers are moving towards digital services.
Santander said 96% of transactions are being done on done digital channels as customers are moving on to online banking.
The Spanish banking giant said that the cuts to bank branches will leave 244 branches.
A spokeswoman for Santander said, “In response to a continuing and sizeable shift towards customers using digital banking, we are making changes to our branches to better support our customers.
“We will continue to invest in both our branch network – comprising of full-service branches, counter-free branches, reduced-hour branches, Santander Locals, and our increasingly popular work cafes – as well as our digital banking services, so we can be there to support our customers however they choose to bank with us.”
